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New Braunfels City Council received an update on the city’s downtown paid parking program, Park NBTX, including usage data, revenue and possible changes to the program at a meeting Feb. 23.
By the numbers: Park NBTX has been in effect since July 7, as previously reported by Community Impact. The program requires drivers to register their parking sessions. The first hour is free, and subsequent hours are $2 per hour, capped at $10 per day.
Between July and December, the program generated net revenue of $154,369, according to the meeting presentation. Gross revenue totaled $316,039, including parking sessions and citation fees for those who did not register their session. Operational, enforcement, and credit and debit card expenses totaled $161,670.
What’s next: The newly appointed Downtown Parking Revenue Advisory Committee will begin collecting data on the impacts of implementing a resident parking pass and the expansion to two free hours of parking after registration. The committee is expected to meet March 23.
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